I'm going to start out using this journal to post my homework for the next day's session. I need accountability in this area and this seems a good way to do it. Questions are welcome and suggestions too, but mainly I want to be sure to do this everyday. I'll try this out for 2 weeks and see how it goes.
I'm testing the ninja upload indie for this post. This is homework for December 7, 2012 as of the December 6 RTH close.
The following user says Thank You to jamebo for this post:
Good example of pull back to symmetry support with confluence of whole number and fibs, and yest. VPOC (not shown), 9:22am. The .618 of that swing is in the way of higher prices so far, 9:54am.
The following user says Thank You to jamebo for this post:
Inside day and less than an hour to go and we haven't even touched the o/n high or low. Good time to work on charts. This post is to remind myself to template a prior day when we gap beyond any nearby vp s/r. Didn't do this yesterday... wish I had. First time I've used Jing and posted an image... hope it works.
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You need to make sure the vvScreenshot tool is set to BBcode enabled, then when you paste it will contain the proper IMG bbcode tags you need to embed the image.
Hopefully @vvhg will set this to default in the next version, because I see a ton of people make the same mistake.
It looks like M&M's melted on the screen.
I commend you for journaling. I actually journal all the Cl journals from futures.io (formerly BMT).
This site is nice for pulling out little tidbits of info to use.
Good luck RH
I got a good laugh out that. It's hard for me to see it that way, but, if I step back, I suppose my 5 min. chart looks like a big colorful mess. Actually, everyone of those colors are in-grained in my brain and they each mean something to me. So, here's my sequence: On the 800 tick chart I am continually updating support and resistance using trendlines (horizontal and sloping), fib retracements, and symmetry projections (as best I can from being in CB's room years ago). This keeps me pretty active all by itself. Once price approaches a zone that I'm interested in, then I need to assimilate a significant amount of contextual information pretty much at a glance, and for me, that means bold colors on the daily, 30 min. and 5 min chart. If I like the context, I switch, for lack of a better term, brain modes and get into trading mode. From reading Vance and Panda, I've become a price action convert and I've still got a lot to learn in that area, but I do that from a full screen clean chart, no indies, not even an moving average, just candles. That's where I am right now, always a work in progress. Attaching a chart for the open:
